Ioneer has signed strategic non-binding letters of intent (LOI) with the Korea Overseas Infrastructure & Urban Development Corporation (KIND), a specialized public investment institution of the Korean government, and Hyundai Engineering to advance the development of the Rhyolite Ridge lithium-boron project in Esmeralda County, Nevada. Rhyolite Ridge holds significant strategic value for both South Korea and the United States. The…
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Ioneer, Cat dealer Empire announce Rhyolite Ridge pact
Ioneer and Empire Southwest, the Caterpillar dealer for Arizona, Nevada and parts of eastern California, have signed a master service agreement for sales, services, goods, technology, and equipment rental that will help to advance the Rhyolite Ridge lithium-boron project in Nevada. Rhyolite Ridge, located in Esmeralda County, Nev., is the largest undeveloped lithium-boron ore reserve in the world outside of…
Read MoreIoneer quadruples Rhyolite Ridge ore reserve
Ioneer has announced a 308% upgrade to the ore reserve estimate for its Rhyolite Ridge lithium-boron project in southern Nevada. It has more than quadrupled from 60 million tonnes (Mt) in 2020 to 247 Mt, delivering a mine life of 95 years. “Today’s updated reserve and mine plan reinforces the importance of Rhyolite Ridge’s remarkable mineralogy. Our ore reserve estimate…
Read MoreSibanye-Stillwater exits Rhyolite Ridge project
Sibanye-Stillwater said it has made the decision to not proceed with the Rhyolite Ridge lithium-boron project in Nevada under a joint venture agreement with ioneer. The miner received updated project and technical information from ioneer in October 2024. After a comprehensive review on the results, the board of directors “resolved not to proceed with Rhyolite Ridge as, among other things,…
Read MoreInterior Department signs off on Rhyolite Ridge project
The U.S. Interior Department gave final approval to ioneer’s Rhyolite Ridge lithium mine in Nevada, the first domestic lithium mine permitted by the Biden administration, reported Reuters. The news agency said the approval concluded a review process lasting over six years. It comes amid recent efforts by the Biden administration to support domestic critical minerals production. “This is a science-based…
Read MoreIoneer Nevada project moves toward reality
Emerging lithium-boron producer Ioneer said it is one step closer toward construction at its Rhyolite Ridge project in Nevada, following the Bureau of Land Management’s issuance of the project’s draft Environmental Impact Statement. The draft EIS is the first to be issued from the Biden administration as part of its efforts to accelerate domestic lithium production. “This news sets a…
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